Department of Trade and Industry

Department of Trade and Industry (DTI)

the UK Government office which is primarily responsible for implementing and administering the Government's industrial and trade policies. A particular concern at the DTI is the promotion of greater efficiency through an INDUSTRIAL POLICY programme, which includes support for new business start ups, consultancy services for small firms, research and development, and technology transfer. In the past, the DTI has been required by governments to involve itself in the rationalization of declining industries and support for ‘failing’ firms, but now the emphasis is very much on fostering greater enterprise by business itself, with a minimum of direct State intervention. See SMALL BUSINESS SERVICE.

Department of Trade and Industry (DTI)

the UK government office that is primarily responsible for implementing and administering the government's industrial and trade policies. A particular concern at the DTI is the promotion of greater efficiency through an INDUSTRIAL POLICY programme that includes support for new business start-ups, consultancy ervices for small firms, research and development, and technology transfer. In the past, the DTI has been required by governments to involve itself in the rationalization of declining industries and support for ‘failing’ firms, but at the present time the emphasis is very much on fostering greater ‘enterprise’ by business itself with a minimum of direct state intervention. See SMALL BUSINESS SERVICE, BUSINESS LINK.

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